Korea Gas Corporation (KOGAS) Logs KRW 910B Operating Profit in Q1 2026 as LNG Import Costs Fall 14.5%
Korea Gas Corporation (KOSPI: 036460) reported consolidated operating profit of KRW 910.0 billion (approx. USD 659M) for the first quarter of 2026, according to its quarterly report filed with the Korea Financial Supervisory Service on May 15, 2026. Lower LNG import costs and robust winter demand drove improved margins, while the company's LNG Canada project marked its first full quarter of commercial deliveries.
Q1 2026 Financial Highlights
Korea Gas Corporation (KOGAS), South Korea's sole wholesale natural gas distributor, posted Q1 2026 consolidated revenue of KRW 11.80 trillion (approx. USD 8.6B), operating profit of KRW 910.0 billion, and net profit of KRW 548.3 billion attributable to controlling shareholders.
